What is the minimum balance in Catholic Syrian Bank?

What is minimum balance in CSB?

The Minimum Average Monthly Balance to be maintained is only Rs 2,500 in Rural/Semi-Urban & Rs 5000 in Urban/Metro.

Which bank requires lowest minimum balance?

List of All Banks Savings Account Interest Rates and Minimum Balance 2021

List of Savings Account Banks Minimum Balance Required(INR) Savings Account Interest Rates (p.a.)
Dena Bank 2.75% – 3.00%
Dhanlaxmi Bank 0/5/1000/5000/10000/25000 3.50%
Digibank 3.50% – 6.00%
Federal Bank 2.25% – 3.65%

What is the minimum balance in bank account?

The minimum balance is usually calculated as the actual dollar balance in the account but may be an average balance in the account over a certain period of time. This is beneficial for individuals that don’t have a steady source of income. There can also be more than one minimum balance for the same account.

What is the minimum balance for a savings account?

Typical minimum account balance requirements for traditional savings accounts range from $300 to $500, although amounts vary and some banks have no minimum requirements. The minimum balance amount may be a minimum daily balance or a minimum monthly average.

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What is the minimum balance in SBI?

SBI, the country’s largest bank, on Wednesday announced a waiver on maintaining the average minimum balance (AMB) requirement for all savings bank accounts. Currently, there is an AMB of ₹ 3,000, ₹ 2,000 and ₹ 1,000 in metro, semi-urban and rural areas, respectively.

How do I close my Catholic Syrian Bank account?

Procedure to Close Catholic Syrian Bank Limited Current Account

  1. (1) Fill up the Account Closure Form of Bank. …
  2. (2) Attach your KYC Documents. …
  3. (3) Surrender Balance Cheque Leaves and Passbook. …
  4. (4) Withdraw the Balance Amount in your Bank Account.

What is minimum balance in bank of Maharashtra?

Savings Deposits Balance up to Rs. 25 lakh: 3.50% p.a. Saving Deposits Balance above Rs.

Maharashtra Bank Savings Account Minimum Balance Requirements.

TYPE OF SAVINGS ACCOUNT MINIMUM BALANCE REQUIREMENT
Mahabank Yuva Yojana Rs. 10

Is DBS zero balance account?

Zero Balances Savings account (Basic Savings Bank Deposit account) Free Debit Card. Free Passbook. … The account can be used for day to day needs like deposit, withdrawal, remittances, etc.

What if minimum balance is not maintained in Bank of Maharashtra?

Minimum balance should be maintained in the account on Monthly Average basis. If Monthly Average Minimum Balance in the account is not maintained, service charges will be levied once in every Quarter.

Can we open zero balance account in Bank of Maharashtra?

Account can be opened with zero balance. … No minimum balance requirement in the account (Zero Balance Account), however we would encourage them to keep balance as a matter of thrift.

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What is a minimum balance fee?

Minimum balance fee: This is a charge that applies if your account dips below a certain balance. … If you have less in the account, you could be charged this type of fee. Say your bank has a minimum balance set at $500. If you usually have less than $500 in your checking account, you might have to pay a fee to the bank.